Blackrock Limited Duration Income Trust (BLW) Correlation Distribution
Across 6,809 rolling correlation observations between Blackrock Limited Duration Income Trust (BLW) and other NASDAQ-listed stocks, 72.1% are positive and 27.9% are negative. The most common correlation range is 0.7 to 0.8, and the average pairwise correlation is 0.323, indicating a clearly positive co-movement bias. Strong positive correlations (≥0.7) account for 28.4% and strong negative correlations (≤−0.7) for 0.8%.
- Total observations
- 6,809
- Mean correlation
- 0.323
- Most common range
- 0.7 to 0.8
- Positive pairs
- 72.1%
- Strong positive (≥0.7)
- 28.4%
Correlation distribution
| Correlation range | Pairs | Share | Chart |
|---|---|---|---|
| -1.0 to -0.9 | 0 | 0.0% | |
| -0.9 to -0.8 | 27 | 0.4% | |
| -0.8 to -0.7 | 27 | 0.4% | |
| -0.7 to -0.6 | 171 | 2.5% | |
| -0.6 to -0.5 | 170 | 2.5% | |
| -0.5 to -0.4 | 269 | 4.0% | |
| -0.4 to -0.3 | 269 | 4.0% | |
| -0.3 to -0.2 | 337 | 4.9% | |
| -0.2 to -0.1 | 336 | 4.9% | |
| -0.1 to 0.0 | 297 | 4.4% | |
| 0.0 to 0.1 | 297 | 4.4% | |
| 0.1 to 0.2 | 300 | 4.4% | |
| 0.2 to 0.3 | 299 | 4.4% | |
| 0.3 to 0.4 | 387 | 5.7% | |
| 0.4 to 0.5 | 387 | 5.7% | |
| 0.5 to 0.6 | 650 | 9.5% | |
| 0.6 to 0.7 | 650 | 9.5% | |
| 0.7 to 0.8 | 842 | 12.4% | |
| 0.8 to 0.9 | 842 | 12.4% | |
| 0.9 to 1.0 | 252 | 3.7% |
Frequently asked questions
What is the average correlation of BLW?
Blackrock Limited Duration Income Trust (BLW) has an average correlation of about 0.323 with other NASDAQ stocks, based on 6,809 pairwise observations.
Is BLW positively correlated with other stocks?
Mostly yes — 72.1% of pairs are positive and 27.9% are negative. Strong positive correlations (≥0.7) make up 28.4%.
What is the most common correlation range for BLW?
The most common range is 0.7 to 0.8. Weak correlations (−0.3 to 0.3) account for 27.4% of all pairs.
Explore the full interactive correlation distribution for BLW.
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